please the answer Bahrain International Company has 1400 KG of Raw Material to make twoproducts: X1 and X2. There are 1440 hours of labor available. The following dataapply:ProfitMaterialsLaborX1$400280 KG80 hoursX2600100120Use the graphical Linear Programming to determine how many of each typeshould be produced to Maximize profit?

The question is related to maximization of linear programming.

Answered: Bahrain International Company has 1400…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question 5: Suppose a brewery uses a Cobb-Douglas production function for his production. He studies the production process and finds the following. An additional machine-hour of fermentation capacity would increase output by 500 bottles per day (i.e. MPK = 500). An additional man-hour of labor would increase output by 1000 bottles per day (i.e. MPL = 1000). The price of a man-hour of labor is $50 per hour. The price of a machine-hour of fermentation capacity is $5 per hour. 3. Suppose that the price of a machine-hour of fermentation capacity rises to $25 per hour. How does this change the answer from part 1?
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